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Russian oil freight rates soar on sanctions-driven tanker shortage
Freight rates for Russian ESPO Blend oil loading from the Far Eastern port of Kozmino have jumped fivefold amid a lack of vessels after fresh U.S. sanctions cut availability of tankers, three traders said and data showed.
Russia Reshuffles Tankers to Keep Shipping Oil to China After US Sanctions
US sanctions on Russian oil exports are prompting Russia to redirect Aframax tankers from western ports to the Far East to service exports of ESPO crude to China.
Russian Oil Flows Stall as US Sanctions Start to Buffet Tankers
A decline in shipments in the seven days to Jan. 19 kept four-week flows below 3 million barrels a day for a fourth week
Russian oil tankers still under construction included in U.S. sanctions
Six Russian oil tankers still under construction by Russia's Zvezda shipyard were included in U.S. sanctions imposed last week, the first time Washington is known to have banned tankers before they even set sail,
Middlemen Have Halted Russian Oil Cargo Offers After US Sanctions, Indian Refiner Says
Middlemen supplying Russian oil are not offering cargoes due to new U.S. sanctions targeting Russian producers, tankers and insurers, according to the finance chief at Indian refiner Bharat Petroleum.
Why Indian refiners can’t access Russian oil cargoes
The recent implementation of new US sanctions targeting Russian oil producers, tankers, and insurers has created a disruption in the supply chain. Middlemen who were previously involved in supplying Russian oil to Indian refiners,
Dagens.com India (Eng) on MSN
54m
Putin Orders Crackdown on Aging Tankers After Black Sea Oil Spill
In December 2023, two Russian oil tankers were damaged during a storm. One vessel broke apart and sank, while the other ran ...
10d
Dozens of oil tankers drop anchor after latest US sanctions bite
At least 65 oil tankers have dropped anchor at multiple locations, including off the coasts of China and Russia, since the ...
Newsweek on MSN
13d
Oil Disaster Averted After Sabotaged Tanker Is Salvaged
The Greek-flagged, Sounion was first attacked on Aug. 21 with small arms, projectiles, and a drone boat by the Iran-backed ...
The Associated Press on MSN
13d
Salvage complete of tanker at center of oil spill scare after being hit by Houthi rebels in Red Sea
An oil tanker that burned for weeks in the Red Sea and threatened a massive oil spill has been “successfully” salvaged.
13d
Disabled oil tanker adrift in Baltic Sea being towed eastwards
A loaded oil tanker that lost the ability to manoeuvre in the Baltic Sea near the German island of Rügen was being towed ...
9d
on MSN
Finland had 12 minutes left to stop a Russia-linked oil tanker from dealing 'much worse' damage to its undersea cables, president says
"Had it continued for another 12 minutes, the carnage would have been much worse than the four basic cables that were there," ...
Middletown Press on MSN
2d
Cromwell tanker crash on Route 9 causes 100-gallon oil and diesel spill, officials say
State police said a tanker rolled over on Route 9 south in Cromwell Monday night, causing 100 gallons of oil and diesel to ...
DPA International on MSN
12d
Disabled oil tanker adrift in Baltic Sea towed to Sassnitz
A loaded oil tanker that lost the ability to manoeuvre in the Baltic Sea near the German island of Rügen has been towed to ...
Marine Link
2d
Oil Tanker Vessel Deliveries Plummet 74% in '24
In 2024, new crude oil tanker deliveries dropped to a 36-year low as only 17 new tankers, with a capacity of 2.5m deadweight ...
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